This Montville, CT property at 15 Lakewood Drive offers 3,200 square feet of versatile space, ideal for a variety of businesses. The property features two single-story buildings totaling 3,200 square feet, currently fully vacant and available for lease. Units range from 800 to 2,400 contiguous square feet, providing flexibility for different needs. The space boasts a 12-foot ceiling height, one drive-in door, and 100 amp 3-phase power. Heating is provided by propane, and air conditioning is installed. Situated on 2.82 acres of land with 200 feet of frontage, the property is conveniently located just 2.5 miles from I-395, offering easy access to major transportation routes. The Light Industrial zoning allows for a wide range of uses, including office, warehouse, distribution, daycare, indoor recreation, and more. The property was built in 2002 and is classified as Class B. This is an excellent opportunity to secure a functional and well-located space in a thriving Connecticut community. Leasing rates start at $900 per month plus utilities.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$23,245,944
Hospitality
$21,293,160
Educational
$17,715,658
Medical
$18,324,928
Retail
$27,557,690
Location Insight
City
Oakdale
County
New London
State
Connecticut
Latitude
41.4205
Longitude
-72.202
CBSA code
35980
CBSA name
NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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